Consolidated Edison, Inc., through its subsidiaries, provides energy services to residential, commercial, industrial, and government customers in the United States. The company, through its subsidiary, Consolidated Edison Company of New York, Inc. Consolidated Edison Inc has a market cap of $17 billion and is part of the utilities industry. The company has a P/E ratio of 15.9, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 17% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Consolidated Edison as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.